The Mexican government has announced that it will raise tariffs on cars imported from China to 50%, as part of a sweeping trade measure intended to protect local industries and respond to concerns raised by the United States. The Economy Ministry said the tariff increases which also affect steel, textiles, and electronics will apply to […]
Ramaphosa pushes for trade relief amid rising tensions with Washington PRETORIA, Sept. 10, 2025 — South African President Cyril Ramaphosa has confirmed the dispatch of a high level delegation to the United States, as Pretoria seeks urgent relief from new 30% tariffs imposed by the Trump administration. The envoys will hold meetings in both New […]
At the virtual BRICS summit hosted by Brazil on September 8, 2025, China’s President Xi Jinping delivered a forceful message advocating for a robust multilateral trading system. He emphasized that unilateral trade wars and protectionist policies undermine the global economy particularly impacting developing nations and called for BRICS members to collaborate in resisting these trends. […]
Brazilian President Luiz Inácio Lula da Silva and Nigerian President Bola Ahmed Tinubu have signed a series of bilateral agreements aimed at revitalizing trade and deepening diplomatic and economic cooperation between the two nations. The signing took place at the Planalto Palace during President Tinubu’s state visit to Brazil marking a renewed effort to strengthen […]
A fragile tariff truce between the United States and China continues to hold, offering a temporary reprieve in the ongoing trade tensions between the world’s two largest economies. However, the future of this détente remains uncertain, as U.S. officials have made it clear that President Donald Trump, a key architect of the initial trade war, […]